poland

European power purchase agreement (PPA) prices have surged by a “staggering” 47% year-on-year as the continent’s energy crisis persists with soaring inflation, LevelTen Energy has said.

EDP has continued its renewables drive in Poland with the acquisition of distributed solar PV installer Zielona Energia.

Polish developer R.Power is seeking a primary equity capital raise to fund its future growth plans in several European countries.

Solar developer ReneSola Power is looking to expand into further European markets after slowdowns in the US and China contributed to a revenue collapse in its opening quarter.

IKEA owner Ingka has acquired shovel-ready solar and wind assets in Poland from renewables developer OX2 in a €190 million (US$203 million) deal.

Perovskite-based PV manufacturer Saule Technologies is partnering with Google Cloud and renewables company Columbus Energy to advance its technology.

EDP is to acquire Polish distributed solar company Soon Energy, enabling its presence in Poland to grow fivefold, the company has claimed, as it targets distributed generation as a key growth area in the country.

Solar developer ReneSola Power more than doubled its project pipeline in 2021 and expects to maintain growth this year amid increasing demand for renewables generation as European markets look to achieve more energy independence.

Eastern European solar markets face a familiar foe in grid constraints, especially with high voltage network capacity, but high energy prices are creating potential for merchant projects in the region.

Independent power producer (IPP) Sonnedix has entered Poland’s solar market with the acquisition of Warsaw-based PV project developer Sun Power Energy.